Re: zync with express pay

Someone correct me if I'm wrong but... I believe Amex doesn't require their members to sign for any transaction...

Never heard that. Are you confusing requirements for signature with having to show ID?

To be honest I can't remember where I read it, but I remember reading it somewhere. Could have been the small print, could have been a blog, could have been here in the forums. I read alot, but misinformation seems to stick with me better than actual facts...

Re: zync with express pay

afbar1114 wrote:

Walt_K wrote:

teenastie wrote:

steve23111 wrote:

Benefits of expressPay:

1. Higher signature thresholds at many retailers. I have found that often I have to sign for a transaction over a certain amount, say, $25, while at the same merchant an expressPay transaction doesn't require a signature until a higher amount.

2. Retailers that are known for demanding an ID for a credit card transaction (in my experience) don't do so for expressPay transactions. Case in point: Best Buy.

3. It is a few seconds faster.

4. The cool factor.

Drawbacks:

1. expressPay transactions don't show as much detail on the AMEX statements. For example, all I see are a bunch of "expressPay on Blue" transactions, without much in the way of information as to where the transaction happened, which can be a little problematic for me since I will can a hundred or more in any given month-- 7-Eleven, CVS, McDoanld's, Burger King, etc.

3. I'll mention the potential security concern, but honestly, it doesn't bother me. It's a credit card so I'm protected regardless. If it were a debit card, it would be another story.

Someone correct me if I'm wrong but... I believe Amex doesn't require their members to sign for any transaction...

Never heard that. Are you confusing requirements for signature with having to show ID?

i work in a retail store and amex requires a zip code no matter how much and it will not go thru if you dont provide it.... anything over $24.99 needs to be signed for anything under doesnt reqiure a signiture

Where is this? I have rarely been asked for my zipcode and never been required to give it. The only place I can think of where I have provided a zipcode for a purchase is at a gas pump.

Re: zync with express pay

Walt_K wrote:

afbar1114 wrote:

Walt_K wrote:

teenastie wrote:

steve23111 wrote:

Benefits of expressPay:

1. Higher signature thresholds at many retailers. I have found that often I have to sign for a transaction over a certain amount, say, $25, while at the same merchant an expressPay transaction doesn't require a signature until a higher amount.

2. Retailers that are known for demanding an ID for a credit card transaction (in my experience) don't do so for expressPay transactions. Case in point: Best Buy.

3. It is a few seconds faster.

4. The cool factor.

Drawbacks:

1. expressPay transactions don't show as much detail on the AMEX statements. For example, all I see are a bunch of "expressPay on Blue" transactions, without much in the way of information as to where the transaction happened, which can be a little problematic for me since I will can a hundred or more in any given month-- 7-Eleven, CVS, McDoanld's, Burger King, etc.

3. I'll mention the potential security concern, but honestly, it doesn't bother me. It's a credit card so I'm protected regardless. If it were a debit card, it would be another story.

Someone correct me if I'm wrong but... I believe Amex doesn't require their members to sign for any transaction...

Never heard that. Are you confusing requirements for signature with having to show ID?

i work in a retail store and amex requires a zip code no matter how much and it will not go thru if you dont provide it.... anything over $24.99 needs to be signed for anything under doesnt reqiure a signiture

Where is this? I have rarely been asked for my zipcode and never been required to give it. The only place I can think of where I have provided a zipcode for a purchase is at a gas pump.

Re: zync with express pay

afbar1114 wrote:

i work in a retail store and amex requires a zip code no matter how much and it will not go thru if you dont provide it.... anything over $24.99 needs to be signed for anything under doesnt reqiure a signiture

Is this requirement for Amex only? Or does your job require it for all card transactions?

Re: zync with express pay

teenastie wrote:

afbar1114 wrote:

i work in a retail store and amex requires a zip code no matter how much and it will not go thru if you dont provide it.... anything over $24.99 needs to be signed for anything under doesnt reqiure a signiture

Is this requirement for Amex only? Or does your job require it for all card transactions?

amex only and when i got my amex i tried entering in the wrong zip code and it wouldnt go thru. it says in valid billing zip code...then i entered my right one in and it went thru

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IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.